Latest Identity News: Finextra Research

Trulioo acquires no-code ID verification startup HelloFlow

Trulioo has acquired HelloFlow, a a no-code KYC and client oboarding platform set up by two former executives from Saxo Bank and Nets.

09 February 2022

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Plaid buys ID verification firm Cognito

Open banking giant Plaid has acquired identity verification and compliance platform Cognito in a deal reported to be worth around $250 million.

20 January 2022

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iDenfy launches new phone verification service

Identity verification service company in Europe, iDenfy, has launched an enhanced version of phone verification.

30 December 2021

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Finextra's year in review

With 2021 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.

23 December 2021

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Digital ID firm Socure hits $4.5bn valuation

Machine learning-based digital identity verification firm Socure has closed an oversubscribed $450 million funding round at a $4.5 billion valuation.

09 November 2021

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Identity decisioning platform Alloy moves into credit underwriting

Alloy, the recently named unicorn, has expanded its identity decisioning platform to include credit underwriting, with the intention of building comprehensive views of customers in line with their onboarding and transaction monitoring products.

20 October 2021

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Robinhood and Monzo founders join $20 million round in Aus RegTech FrankieOne

Melbourne-based digital onboarding firm FrankieOne has closed a star-studded $20 million Series A round, attracting multiple celebrity investors including international Djs The Chainsmokers, Robinhood founder and CEO Vlad Tenev, Monzo founder Tom Blomfield, and senior executives at Revolut and Public.com.

12 October 2021

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Sibos 2021: Digital identity for an interoperable and accessible future

Diving straight in to substantive content on day one of Sibos 2021, Brad Carr, managing director of digital finance at the Institute of International Finance led discussion during the morning panel ‘Digital Identity – Balancing between convenience and trust.’

11 October 2021

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Interac acquires exclusive rights to SecureKey technology in Canada

Interac has acquired exlusive rights to SecureKey's blockchain-based digital ID services for Canada, as it moves to build a federated identity network which lets consumers use their online banking credentials to log in to public and private sector Web services

04 October 2021

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Identity decisioning platform Alloy joins the unicorn club

Alloy, the New York-based startup behind an operating system that helps banks and fintechs make better identity and risk decisions, has joined the unicorn club off the back of a $100 million Series C funding round led by Lightspeed Ventures.

01 October 2021

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Australia's eftpos wins government approval for digital ID exchange

Eftpos has become the first officially accredited non-government operator of a digital identity exchange in Australia.

29 September 2021

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IOTA tapped by EU to enable region’s blockchain infrastructure

The IOTA non-profit and its distributed ledger technology has been named as one of seven providers selected by the Commission to develop the European Blockchain Services Infrastructure (ESBI).

07 September 2021

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